NXPI - These Semiconductor Stocks Are Worth Buying and Holding
Aside from impacting everyday life, the COVID-19 pandemic also took a toll on the global supply chain. Only now are we beginning to realize the magnitude of this disruption, especially in the semiconductor industry.
Throughout the pandemic, consumers shifted their spending from services to goods like cars and electronic devices. And with the global economy starting to boom, other industries are following suit. The result has been a global chip shortage, which is straining suppliers around the globe.
With that, we asked some of our contributors which semiconductor stocks could benefit from the rising demand for chips. They chose Taiwan Semiconductor Manufacturing (NYSE: TSM) , Entegris (NASDAQ: ENTG) , and NXP Semiconductors (NASDAQ: NXPI) .
For further details see:
These Semiconductor Stocks Are Worth Buying and Holding